MOSCOW (Sputnik) – Russian aluminum giant Rusal on Thursday announced the resignation of its chief executive Alexandra Bouriko and seven directors.
“Alexandra Bouriko, the CEO of the Company, has tendered her resignation as the CEO with effect from 23 May 2018. Ms. Alexandra Bouriko has confirmed that she does not have any disagreement with the Board,” the company said in a press release.
MOSCOW (Sputnik) – Russia’s second largest city of St. Petersburg will traditionally host the International Economic Forum (SPIEF) between Thursday and Saturday, where business representatives, top politicians and countries’ leaders will gather to discuss crucial economic issues.
In wake of the upcoming start of the investment cooperation between Russia and Egypt, Sputnik spoke to Egyptian Minister of Industry and Trade Tarek Kabil to get more insight into the business issue and an ambitious project of the Russian Industrial Zone.
Sputnik: How do you assess the level of investment necessary for creating a Russian Industrial Zone in Egypt?
ST PETERSBURG (Sputnik) – US banks have not yet changed their attitude toward Russia’s VTB bank after new anti-Russian sanctions and have not refused to work with the bank, VTB Chairman Andrey Kostin said Wednesday.
MOSCOW (Sputnik) – Russian President Vladimir Putin will meet with the chief executives of foreign companies on the sidelines of the St. Petersburg International Economic Forum (SPIEF), representatives of BP, Siemens, Huawei, Shell, Boeing, Total, Volvo and Toyota will attend the meeting, Kremlin aide Yury Ushakov told reporters.
Supreme Leader of the Islamic Republic Ayatollah Ali Khamenei has announced a new development course for the country – this year has been declared in Iran “Year of Iranian Manufacturers’ Support.” He has stated that an increase in domestic production will help to solve an array of the nation’s economic and social issues.
WASHINGTON (Sputnik) – US President Donald Trump said in a statement on Wednesday that trade negotiations with China were moving forward, but he hinted that a final deal would need to rely on a “different structure” to ensure compliance.
“Our Trade Deal with China is moving along nicely, but in the end, we will probably have to use a different structure in that this will be too hard to get done and to verify results after completion,” Trump said in a Twitter message.
MOSCOW (Sputnik) – Swedish Trade and EU Affairs Deputy Minister Oscar Stenstrom will attend the upcoming St. Petersburg International Economic Forum (SPIEF) in order to promote interests of Swedish companies in Russia, the Swedish government’s press service said on Wednesday.
“On May 23-25 Deputy Minister for EU Affairs and Trade Oscar Stenstrom will attend St. Petersburg International Economic Forum,” the press release read.